Bitcoin ETFs approved in historic decision - what’s next?

Check the best trends & indicators [View in Browser]( We are extremely proud to announce that over 6.5 million [$SOL]( has been staked via Ledger Live's 3rd Party provided Figment! Here's to another year of securing the Solana network! [Securely Stake Your Assets →](   [Following the SEC’s landmark ETF decision, BlackRock’s CEO praises Bitcoin again.]( As Bitcoin just got its first spot exchange-traded fund (ETF) approved by the U.S. SEC in a historic move, BlackRock’s CEO Larry Fink recognized that Bitcoin has strong benefits. In his own words: "I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they're fearful of their own risks (...) It's no different than what gold represented over thousands of years. It is an asset class that protects you." [Ethereum stands as the post-Bitcoin ETF episode unexpected winner.]( Ethereum’s pumped by over 20% in the past 24 hours, reaching its highest level since May 2022, as market optimism appears to have switched to Ethereum’s upcoming ETF approval following that of Bitcoin. The SEC is due to give decisions on spot ETH ETF applications in May 2024, while BlackRock, Invesco, Ark, VanEckare, and Grayscale are among the firms in line for approval. “With Ether’s size, liquidity and existing CME futures it has the attributes, using the now successful Bitcoin model, that make a physical US ETF viable,” said Richard Galvin, co-founder of DACM. [Ledger's CTO Charles Guillemet analyzes the blockchain industry's current "broadband moment" in a dedicated blog.]( We find ourselves in the blockchain revolution’s “broadband moment” characterized by a scalability race, a critical step before mainstream use cases emerge. Multiple technical driving forces are at play, including the scalability war, the data availability battle, the emergence of account abstraction, and the growing role of the “shared security” concept. On top of that, the article answers the following questions: Which blockchain protocol will prevail in the near future? And which consumer-facing crypto use cases are to be expected this year? [Manage Your Assets →](     → [$4.6 billion]( The worth of shares traded in the U.S.-listed bitcoin exchange-traded funds (ETFs) as of Thursday afternoon, per LSEG data. "Trading volumes have been relatively strong for new ETF products," said Todd Rosenbluth, strategist at VettaFi. "But this is a longer race than just a single day's trading. → [15]( The exact number of years between Bitcoin’s ETF approval and the iconic “running Bitcoin” tweet by Hal Finney, which introduced the world to bitcoin for the first time ever. Finney was also the first to download and run Bitcoin software. → [$44,912]( Bitcoin (BTC)’s current price, down 6% over the past 24 hours, as reactions over the Bitcoin ETF approval cooled and as the crypto market already priced in the much-anticipated SEC decision. Interestingly, a whale sold 2,742 BTC, making a profit of over $75 million. → [$44,912]( Bitcoin (BTC)’s current price, down 6% over the past 24 hours, as reactions over the Bitcoin ETF approval cooled and as the crypto market already priced in the much-anticipated SEC decision. Interestingly, a whale sold 2,742 BTC, making a profit of over $75 million.  → [30%]( The percentage of Blockchain games that are now abandoned, which can be mainly attributed to funding challenges, business models, and evolving market conditions. → [30%]( The percentage of Blockchain games that are now abandoned, which can be mainly attributed to funding challenges, business models, and evolving market conditions.  [Buy Crypto Now →](    [This week, the Ledger Academy explores]( smart contracts]( [enabled by the protocol’s ‘Script’ language.](  [Sebastien Badault]( and [Adriano Bertini]( wrote an [insightful article about off-exchange trading's]( potential to bring secure trading at scale.  Ledger’s CXO Ian Rogers catches up with our VP Enterprise Sebastien Badault [to talk about Ledger Enterprise Tradelink]( and its benefits for the crypto industry.  [We've just reached a new milestone:]( over 800,000 ETHs have been staked from self-custody via Ledger Live using our 3rd party providers Lido, Kiln, and Stader Labs! [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=e27571452dc0451eb3d1ad70fd01c413&elqaid=820&elqat=1&elqCampaignId=374).